Warren Buffett: Todd Combs Will ‘Never Do Anything Really Dumb’

Vanity Fair’s upcoming article about Warren Buffett tackles plans for finding successors to the 80-year-old Oracle of Omaha, the transformation of his Berkshire Hathaway from a quasi hedge fund into an operating conglomerate, and critics who say Buffett hasn’t acknowledged how much he benefits from his special status as an investing legend.

The Vanity Fair article also contains the mandatory Buffett tropes: roast beef sandwiches with gravy at Gorat’s Steak House, Buffett spouting folksy sayings, and tales of downright stinginess (the country’s second richest man wears a tie from Fruit of the Loom).

Vanity Fair on the candidates to succeed Buffett:

Succession is “all we talk about [at board meetings],” Buffett told Vanity Fair’s Bethany McLean. As other news outlets have written, the working plan is to split up Buffett’s massive role at Berkshire Hathaway among at…

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